For Sale
$550,000

2265 Childress DrAtlanta, GA 30311

Four Parcels, Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity encompasses four parcels totaling over 1.6 acres on Childress Drive SW in Atlanta, GA. The assemblage includes two 1,066 sq ft, three-bedroom, 1.5-bathroom brick homes built in 1955, one currently rented and generating income via an Atlanta Housing Voucher recipient, and the other vacant but easily rentable after minor cosmetic updates. Two additional vacant lots offer significant redevelopment potential. The property is zoned for Low-Density Commercial use, allowing for diverse development options including retail, office, mixed-use, or expanded residential projects. The solid brick construction of the existing homes minimizes renovation costs, while the substantial land acreage provides a blank canvas for creative development strategies. Located in a thriving Atlanta neighborhood with convenient access to major transportation routes, this assemblage presents a compelling value-add opportunity with strong potential for immediate rental income and long-term appreciation. The asking price is $550,000, offering a competitive price per square foot of land and significant upside potential for investors seeking immediate cash flow and future development gains. This is a rare chance to acquire versatile properties in a dynamic market.

Highlights

  • $550,000 asking price for a 1.6+ acre assemblage on Childress Drive SW, Atlanta, GA.
  • One home generates income via an Atlanta Housing Voucher recipient; the second requires minor updates for immediate rental potential. Two vacant lots offer redevelopment opportunities.
  • Low-density commercial zoning allows for retail, office, mixed-use, or residential development.
  • Thriving Atlanta location with convenient access to major transportation.
  • Competitive price per square foot of land, offering strong ROI potential with immediate cash flow and future development gains.
  • Solid brick construction minimizes renovation costs on existing homes.

Property Details for 2265 Childress Dr

Property type
Mixed-use properties, Residential income homes
Class
C

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.6937839
Longitude
-84.4865319
2265 Childress Dr, Atlanta, Georgia

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2265 Childress Dr
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